Tag: Economy
Eskom gets R2.88bn loan from AfDB for upgrade
JOHANNESBURG – Beleaguered power utility Eskom yesterday received a R2.88 billion loan from the African Development Bank (AfDB) to upgrade and expand its transmission...
Pick n Pay modernisation programme sees another store opening in Cape Town
Armien and Yasmina Adams today became the third local entrepreneurs in Cape Town to join Pick n Pay’s spaza modernisation programme with the opening...
South Africa’s Redstor Expands To Kenya
Redstor, a leading South Africa-based cloud data management SaaS business, is expanding its operations in Kenya after seeing the company’s market share grow by...
Engen helps tackle unemployment through Learnership programme
In response to increasing unemployment rates in South Africa, Engen are running various campaigns to recruit candidates for learnerships, which are based on business and industry needs.
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5 ways SMEs should be managing risks in 2018
Running a small to mid-sized business in South Africa today is fraught with challenges. For many businesses, a major setback can not only put...
New Mining Charter a consensus document – Gwede Mantashe
Minister of Mineral Resources Gwede Mantashe on Thursday morning described the reviewed Mining Charter as a reflecting a “consensus among stakeholders” in SA's mining...
Siyabonga Gama may soon be out as Transnet head, say sources
Siyabonga Gama will be removed as chief executive officer of Transnet, the state-owned ports and rail company, two people familiar with the situation said.
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This is the average take home pay in South Africa right now
The backdated salary payments in the public sector continued to spur the increase in BankservAfrica’s Take-home Pay Index for August.
Real salaries showed...
Capitec Bank’s H1 profit up 20%
JOHANNESBURG - Capitec Bank reported a 20 percent rise in half-year profit on Wednesday, helped by strong client growth.
Headline earnings per share...
Telkom LIT prices increased
CAPE TOWN – Telkom has increased the price of its LIT streaming bundles.
Launched in 2017, LIT bundles offers video and music streaming content...
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Independent Energy Pool says wheeling electricity will depend on the ‘bankability’of...
By Larry Claasen
THE reliability of metros as partners will be a key factor when it comes to the development of an energy market in...